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Jan 19, 2013
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you have two other moments for fiscal showdown, you have the spending sequester, cuts to defense and then the spending programs. you have continuing resolution, which funds the government. if we don't come to an agreement, has a government shutdown. i had a senate aide saying it is a fact of the senate that people are just breathing a sigh of relief, we may just have a government shutdown. doesn't seem to me there is a clear path, you could have a shutdown. if that lasts for a long time as it did in the '90s, that comes at the tail end of that, shutting down the government, that would be pretty dramatic. >> they made two calculations here. they wanted to have a fight on the shutdown as related to a continuing resolution, but you don't hear any republican talking about moving towards default. they don't want to be politically associated with default. maybe you're right, they will be willing to have a shut down if they don't give them a cut on continuing resolution. probably off the table long-term. but big picture is interesting, the republicans with the short term extension, are putt
you have two other moments for fiscal showdown, you have the spending sequester, cuts to defense and then the spending programs. you have continuing resolution, which funds the government. if we don't come to an agreement, has a government shutdown. i had a senate aide saying it is a fact of the senate that people are just breathing a sigh of relief, we may just have a government shutdown. doesn't seem to me there is a clear path, you could have a shutdown. if that lasts for a long time as it...
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Jan 15, 2013
01/13
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and the number of companies that would really be affected from walmart to every defense contractor to giant health care companies, if their ability to collect money that is owed to them is then put in doubt, that triggers a whole, you know, range of activities of other people wanting to collect debts from them. >> sounds really scary. do me a favor, though, and crawl in to president obama's head for me and tell me why you think in 2006 he voted not to raise the debt ceiling and said the fact we're here today to debate raising the debt limit is a sign of leadership failure, the sign the u.s. government can't pay his own bills. what was he thinking there? >> voting against an increase of the debt kreeling is what you do in the opposition party. >> oh, okay. >> in congress. this is going back for the last many years. >> yeah. >> all the republicans in the senate voted for increases when bush was in office. they vote against it when obama is in office. and vice versa. the problem or challenges now is the house where republicans don't want to vote for it and we need them, you know, it is s
and the number of companies that would really be affected from walmart to every defense contractor to giant health care companies, if their ability to collect money that is owed to them is then put in doubt, that triggers a whole, you know, range of activities of other people wanting to collect debts from them. >> sounds really scary. do me a favor, though, and crawl in to president obama's head for me and tell me why you think in 2006 he voted not to raise the debt ceiling and said the...
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Jan 19, 2013
01/13
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it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. any need, any question, we're on call 24/7. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these
it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. any need, any question, we're on call 24/7. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart...
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Jan 14, 2013
01/13
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because these same republicans say they don't want to cut defense. they've claimed that they don't want to gut medicare or harm the vulnerable. but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting our defense spending. so the math just doesn't add up. now, here's what would work. what would work would be for us to say, we've already done close to $2 trillion in deficit reduction, and if you add the interest that we won't be paying because of less spending and increased revenue, it adds up to about $2.5 trillion. the consensus is, we need about $4 trillion to stabilize our debt and our deficit. which means we need about $1.5 trillion more. the package that i offered to speaker boehner before we -- before the new year would achieve that. we were actually fairly close in terms of arriving at that number. so if the goal is to make sure that we are being responsible about our debt and our deficit, if that's the conversation we're having, i'm happy to have th
because these same republicans say they don't want to cut defense. they've claimed that they don't want to gut medicare or harm the vulnerable. but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting our defense spending. so the math just doesn't add up. now, here's what would work. what would work would be for us to say, we've already done close to $2 trillion in deficit reduction, and if you add...
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Jan 15, 2013
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can you play that battle at sequester time instead of mindless cuts in defense and non-defense. >> right. >> you can play that game at the continuing resolution which is inside baseball which means you're going to chicken out again and just extend and extend and extend. this game is going to be played for months on end. >> so let's -- >> let me ask you this, senator. >> it does make no sense, and i'm glad you brought up the fiscal cliff deal, because in the fiscal cliff deal they added $4 trillion of new spending, so that's where i want to get your take on. i understand that you don't want to use the debt ceiling debate as -- as any leverage, you know. this is important. this is important for the u.s. as well as the world, so you don't want to use it as leverage, but why is it that it's always about taking off the gloves and fighting over it rather than coming up with real spending cut ideas? we still have not seen spending cut ideas to what we have, the 16.4 trillion or even, you know, projected spending, so where are the spending cut ideas, and when is that going to happen if you don't
can you play that battle at sequester time instead of mindless cuts in defense and non-defense. >> right. >> you can play that game at the continuing resolution which is inside baseball which means you're going to chicken out again and just extend and extend and extend. this game is going to be played for months on end. >> so let's -- >> let me ask you this, senator. >> it does make no sense, and i'm glad you brought up the fiscal cliff deal, because in the fiscal...
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Jan 20, 2013
01/13
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, the defense budget has doubled in the past 10 years. it has doubled in cost. you're telling me that there isn't that in there to be cut? i would point out, at the risk of being a johnny one note, before the all-volunteer service a private first class in the military was paid a principal sum of $960 a year. in contracts, $22,000. you have immediately incurred costs. now you have a very military. when you had 18, 19-year-old draftee to be served -- now we have half of the truth being married and three-quarters of the officers. you talk about health care costs, a family costs, all of which we want to do, class in te military was but that just invites the cost of the military as well. >> as a private i made $66 a month and i spent all on breakfast. >> you did not, you spent it on beer and cigarettes, just like everyone else. >> we are not going to bring back a drafted we should pay sodas held theory. or to the point, you have got to cut these big expensive items that we do not need,hese joint strike fights, morcarrrs, landing craft. marines
, the defense budget has doubled in the past 10 years. it has doubled in cost. you're telling me that there isn't that in there to be cut? i would point out, at the risk of being a johnny one note, before the all-volunteer service a private first class in the military was paid a principal sum of $960 a year. in contracts, $22,000. you have immediately incurred costs. now you have a very military. when you had 18, 19-year-old draftee to be served -- now we have half of the truth being married...
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Jan 17, 2013
01/13
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you could go ahead and say to republicans, you want to reign in defense or control the growth of defense, too, i don't care what the purpose is, but if you're going to mention kids, remind us that they are our future. right now, to your point, charlie, they will be stuck paying some very, very big bills, but, again, it's one thing to convince people ofyour age, charlie, of that, and another to get the message across to just innocent little kids, but that is going to be a paramount issue because as steve pointed out, it's going to address kids still unborn, that the rate we're going, how do you tell people, charlie, that for generations yet to come, none of this is sustainable, the rate we're going. >> well, i think it's important to frame the argument in terms of morality. the president mentioned morality, that it's the moral thing to do to get gun control. is it moral to spend children's morn before they had a chance to vote. is it moral to spend social security trust fund if the money does not exist? frame a moral pretext rather than a mathematic one. young people might be able to rela
you could go ahead and say to republicans, you want to reign in defense or control the growth of defense, too, i don't care what the purpose is, but if you're going to mention kids, remind us that they are our future. right now, to your point, charlie, they will be stuck paying some very, very big bills, but, again, it's one thing to convince people ofyour age, charlie, of that, and another to get the message across to just innocent little kids, but that is going to be a paramount issue because...
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Jan 20, 2013
01/13
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. >> what are the risks of huge defense cuts? >> operations, maintenance, and trading will be gutted. we will ground the aircraft retuturn chips to court, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal legend a person trying to enforce a ban on farm guilty of a funny. there are similar measures under considation in nnessee and tetexas. the governor in mississippi wants to make it illegegal in the state to enforce any new federal n laws. how many tis have we had this debate? ththis time after the murders of the children in newtown, conn. the president tells us is different. signed 23 executive orders aimed at reducing gun violence and has urged congress to reinstate a ban on so-called assault weapons, limit the size of the magazines, and mandate criminal background checks for all and sales. he is also o asking americans to put heat on members of congress to get there. >> ask for a member of congress if they support universal background checks to keep guns out of t
. >> what are the risks of huge defense cuts? >> operations, maintenance, and trading will be gutted. we will ground the aircraft retuturn chips to court, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal legend a person trying to enforce a ban on farm guilty of a funny. there are similar measures under considation in nnessee and tetexas. the governor in mississippi wants to make it illegegal in the state to...
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Jan 15, 2013
01/13
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the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. neil: we could be more than 6 weeks from the government shutting down, now and then we like to explain the issue at hand, unless the nation debt ceiling is raised a lot of programs are starved of spending by default, but that does not mean, want to be clear, that we default even if the president today all but said otherwise. >> threat of default hurts our economy, it is hurting our economy as we speak. neil: well, we shouldn't be saying things that are not true, the president is not clear, and neither is mainstream media, u.s. government does not default because debt ceiling is not increased and soon, government does not stop taking taxes out of your check. even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay t
the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. neil: we could be more than 6 weeks from the government shutting down, now and then we like to explain the issue at hand, unless the nation debt ceiling is raised a lot of programs are starved of spending by default, but that does not mean, want to be clear, that we default even if the president today all but said otherwise. >> threat of default hurts our...
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Jan 16, 2013
01/13
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i know that chuck haegel a month into this process is likely to be the secretary of defense and the defense department is adjusting accordingly. what did all of this say of chuck schumer. he is such a prominent sjewish leader? how can he flip-flop like this? >> the senators are to judge chuck haegel on his record. it throws the whole process. it does. and i wonder whether it doesn't do more harm than good at the end of the day. results matter. mr. haegle has a very, very poor record with regard to his mouth. >> with his mouth, i love that. john bachelor, you are both spectacular. i appreciate it. we had a tough time. that is it for this evening's show. thank you for watching. we will pursue much more tomorrow. [ male announcer ] this is not my home. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. b
i know that chuck haegel a month into this process is likely to be the secretary of defense and the defense department is adjusting accordingly. what did all of this say of chuck schumer. he is such a prominent sjewish leader? how can he flip-flop like this? >> the senators are to judge chuck haegel on his record. it throws the whole process. it does. and i wonder whether it doesn't do more harm than good at the end of the day. results matter. mr. haegle has a very, very poor record with...
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Jan 14, 2013
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. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon: republican or democrat, senator or congressman, team edward or team jacob, everyone agrees john boehner sucks. at least we can be assured that as the incoming congress votes for a new speaker of the house, it's clear what the outcome is going to be. >> john boehner won re-election as house speaker today. >> jon: oh, boy. (train whistle blowing) >> jon: welcome back
. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a...
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Jan 16, 2013
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chuck hagel seems to be on his way to being secretary of defense. they are very close and i don't know that obama had a deep relationship with him, but there other ways in which his fingerprints are on the president's policies and afghanistan won the argument. two things here i would add on guns specifically. biden in a way is -- a messenger for obama and sectors that may not trust him. he's got working class roots from industrial pennsylvania. he's catholic. i guess that the white house sees him as a messenger to people who might be skeptical and have ideas of what obama's agenda is and that biden could be a better messenger on this. i hate to bring up the 2016 number, but i think you may see more opportunities for biden to step out and prove himself in his own standing if he wants to run for president. >> the one thing i would add is nobody understands personal tragedy and is able to speak to that in an emotional compelling way as joe biden. going back to what you were saying about very little hope of this package or really much of anything, passi
chuck hagel seems to be on his way to being secretary of defense. they are very close and i don't know that obama had a deep relationship with him, but there other ways in which his fingerprints are on the president's policies and afghanistan won the argument. two things here i would add on guns specifically. biden in a way is -- a messenger for obama and sectors that may not trust him. he's got working class roots from industrial pennsylvania. he's catholic. i guess that the white house sees...
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Jan 14, 2013
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defense secretary leon panetta said the u.s. is supporting the french effort with intelligence gathering assistance. and he didn't rule out american aircraft landing in mali to provide airlift and logistical support. for more, we're joined by j. peter pham of the africa center at the atlantic council in washington, d.c. and emeera woods, co-director of foreign policy in focus at the institute for policy studies. let's start with you. before we get to the french intervention, i want you to help people understand the context here a bit. what makes mali important and what has made it so volatile? >> well, ma'amy is a country on the west coast of africa that is really at the epicenter. it is on the sahara, the brink of the sahara and sub saharan africa. it is a country rich in resources from gold to uranium, vital minerals in mali. there are also explorations of oil, particularly in northern mali. so it is a country that is rich in resources, that has actually been really the center of a democratic process for quite some time. we ha
defense secretary leon panetta said the u.s. is supporting the french effort with intelligence gathering assistance. and he didn't rule out american aircraft landing in mali to provide airlift and logistical support. for more, we're joined by j. peter pham of the africa center at the atlantic council in washington, d.c. and emeera woods, co-director of foreign policy in focus at the institute for policy studies. let's start with you. before we get to the french intervention, i want you to help...
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Jan 17, 2013
01/13
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i continue to play defense. i listen to rick and mike and josh, and what i'm also hearing out of michael santoli and rick santelli, kind of a test, same day, come on, guys. when i listen to them both i'm hearing that bullish markets, bull market psychology. there's a certain complacency that comes along with a bull market where people begin to discount bad news. you throw bad news up and they say don't worry about that. look at the good points. the reverse happens in a bear market where we embrace the bad news and know there's never a ray of sunshine ever. we're in that discounting phase, and it feels complacent. it's a time to be cautious, so i think balance sheets matter. >> right. >> income matters and earnings really matter. >> very good. >> if you look at -- if you look at that philly fed this morning a great example. the market looked at that and said whatever. >> exactly. >> small caps and mid-caps didn't dip on the news. >> ignoring the bad news and going for the good news. >> real quickly, guys. on the
i continue to play defense. i listen to rick and mike and josh, and what i'm also hearing out of michael santoli and rick santelli, kind of a test, same day, come on, guys. when i listen to them both i'm hearing that bullish markets, bull market psychology. there's a certain complacency that comes along with a bull market where people begin to discount bad news. you throw bad news up and they say don't worry about that. look at the good points. the reverse happens in a bear market where we...
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Jan 15, 2013
01/13
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FBC
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judicial watch, sued defense department, they said, we don't have photographs, wait, the navy seals took the photographs, you don't have them, we don't have them, did you ever have them? we won't say, so a sued cia, cia said we have 52 photographs, some of stills some are videos some of the actual invasion and killing itself. some are of the autopsy, some are the funeral. all of them if released would gravely affect national security, and a judge accepted this. the reason we're talking about it now, not so much because of the movie is doing well but because the appeal of this decision was argued last week. neil: it is akin to tearing up a koran? >> that is the argument that government made, they were so adamant about if they did not want to judge to see the photos in the privacy of his chambers so he could make a informed decision, the judge went along with that, rejecting the application of judicial watch, based on what the government told him. neil: has he seen them. >> no but he did receive affidavits from people in the cia who claim they saw them, and describes when they saw. neil: w
judicial watch, sued defense department, they said, we don't have photographs, wait, the navy seals took the photographs, you don't have them, we don't have them, did you ever have them? we won't say, so a sued cia, cia said we have 52 photographs, some of stills some are videos some of the actual invasion and killing itself. some are of the autopsy, some are the funeral. all of them if released would gravely affect national security, and a judge accepted this. the reason we're talking about it...
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Jan 15, 2013
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they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that your paying to care for our veterans. they lay all this out for me. because they have the spending power. and so i am required by law to go ahead and pay these bills. >> many republicans are willing to just let it all burn to the ground. politico reported more and more house republicans are planning to damage the economy. gop officials said more than half of their members are prepared to allow default unless president obama agrees to dramatic cuts he has repeatedly said he opposes. john boehner does not have any clout with the tea party members of the congress. this is the big problem. here comes congressman ralph hall of texas. he's got a rather radical view of what it means to raise the debt ceiling. >> we made a mistake when we increased the debt limit the first time and gave this guy all the money to buy votes with. we shouldn't make the mistake now. >> this thinking is not only inaccurate but dangerous. >> th
they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that your paying to care for our veterans. they lay all this out for me. because they have the spending power. and so i am required by law to go ahead and pay these bills. >> many republicans are willing to just let it all burn to the ground. politico reported more and more house republicans are planning to damage the economy. gop officials said...
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Jan 16, 2013
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i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity in small luxury names. why is that? >> yeah, that's the kind of thing that people even when they're stressed, they want to buy, whether it's a fancy bottle of booze , imported beer, something in a small box, maybe it's only cuff links, but it's in the blue box -- >> and that's just the desk right here, gary. >> blue box? >> you look for example at used merchandise stores, their stocks, they are growing in double digits. there's a lot of things that suggest that maybe three-quarters of the country still thinks we're in recession, and they are. real wages are declining, real per capita gdp is declining and those peo
i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity...
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Jan 15, 2013
01/13
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half of the year and every single central bank in the world reflating so you're very bull strategic defense initiative. >> very bullish. >> i guess the question is are you able to buy into that market at much lower houses? how substantial could a decline be on the so-called bumps in the road? there's some precedent for that. not the first time we've been through it. we've been back through it in 2011 and there's a significant pullback. there's a bit of a been there, done that and we haven't seen the kind of volatility we've seen and in the difference of backdrop the republicans sort of have their backs against the wall. they were forced to concede on taxes during the cliff debate, and now i think this is their chance to get concession on spending, and i think they are going to do that. this is going to go to the wall and that will create volatility. >> the president has been very clear. he's not going to negotiate on the debt ceiling. >> that's how politicians talk. at the end of the day negotiations will have to happen. >> he has to? >> you're not al lone in being wildly bullish right now
half of the year and every single central bank in the world reflating so you're very bull strategic defense initiative. >> very bullish. >> i guess the question is are you able to buy into that market at much lower houses? how substantial could a decline be on the so-called bumps in the road? there's some precedent for that. not the first time we've been through it. we've been back through it in 2011 and there's a significant pullback. there's a bit of a been there, done that and we...
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Jan 14, 2013
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president doesn't seem to show the slightest interest in reducing spending other than in the area of defense and maybe means testing for entitlements. so, chances for meaningful reduction in the growth of entitlements on the part of the republicans is almost nil. >> well, i mean, what -- what could the republicans have done? the senate didn't approve their own plan until, what, midnight on new year's day and it -- they will say, the republicans will say they were up against the wall and didn't want the country to go over the fiscal cliff. should we have gone over the fiscal cliff, since that was the reality, if, in fact, they would have pushed for spending cuts? >> maria, i'm not about to second guess them. these are very smart people -- >> well, you are second guessing them. this is what this interview is about. >> i just like to state where i believe where we are and what's going to happen. >> okay, what do you think happens? >> so, i think that the -- as a result of the tax increases, we are going to collect substantially less revenues than we thought we would. and that is because the fed
president doesn't seem to show the slightest interest in reducing spending other than in the area of defense and maybe means testing for entitlements. so, chances for meaningful reduction in the growth of entitlements on the part of the republicans is almost nil. >> well, i mean, what -- what could the republicans have done? the senate didn't approve their own plan until, what, midnight on new year's day and it -- they will say, the republicans will say they were up against the wall and...
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Jan 14, 2013
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the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> this is where a number of women are cleaning their clothes and i can't emphasize enough how serious the water problem is here in haiti for cholera. so you can imagine how we take a look at this and we see them washing clothes that are dirty in the water, and we see people drinking this water. and they're working hard here, the the hatians to get their clothes clean, but this is not exactly an ideal situation. if you notice that they wash their feet. take baths in the water and wash their clothes and the children here, and the children don't wear diapers and sort of adds to the problem because a lot of the cholera is from situations where the bacteria from being passed around through the water. water. but this is a country in great need. and so, different, so vastly different from what it could be. it's a beautiful country. haiti could be beautiful, haiti could be prosperous, but terrible unrest, terrible violence and now this cholera epidemic. >> greta:
the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> this is where a number of women are cleaning their clothes and i can't emphasize enough how serious the water problem is here in haiti for cholera. so you can imagine how we take a look at this and we see them washing clothes that are dirty in the water, and we see people drinking this water. and they're working hard here, the the hatians to get their...
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Jan 16, 2013
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the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >>> goldman sachs report iing fourth quarter earnings much higher than expected. wow, it was a really big beat. we have an earnings guru here. he asks the question, why isn't the stock even higher this morning? roger, what's your take? >> the beat was two things. one a much lower comp ratio. the way that works, tends to get chewed up in the fourth quarter. an out sized beat and the other longer lending, investments and private equity got marked up a fair amount. i think people were expecting that to be a source of upside. the real beat was in compensation. given it's so weighted to the fourth quarter, the beat isn't as big as it looks. the full year ratio for compensation came out to 34%, it was 32% last year. to the extent there's a longer term lower accrual level to be factored in here, earnings are biased up. >> was that politically driven, do you think? >> i think it's a function of a lot of things. i think that -- i think market conditions are probabl
the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >>> goldman sachs report iing fourth quarter earnings much higher than expected. wow, it was a really big beat. we have an earnings guru here. he asks the question, why isn't the stock even higher this morning? roger, what's your take? >> the beat was two things. one a much lower comp ratio. the way that works, tends to get chewed up in the fourth...
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Jan 14, 2013
01/13
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COM
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to hold wikiwales feet to the fire in the broadcast's upcoming sea block but first i've come to the defense of a friend in need. my mentor, colleague and competitive couples massage partner bill o'reilly. we're going to regionals, bill. stay loose. he is once again being attacked by the liberal media for speaking the truth. you know what this means? this is blood in the water. shark, shark, shark, shark, shark, shark. folks on last thursday's the factor papa bear was discussing obama's home state of hawaii, aloha zone. he made this astute observation. >> i have to say hawaii is one of my favorite places in the world. a lot of social problems because they don't enforce the drug laws. you know what is shock 35% of the hawaiian population is asian. asian people are not liberal by nature. they are usually more indust industrious and hard working. >> stephen: leave it to liberal media to twist that to racism. he was not being racist. he was painting an entire race with one brush. speaking of which vietnamese, great painters. did my entire garage in an afternoon. didn't use scaffolding. they hung
to hold wikiwales feet to the fire in the broadcast's upcoming sea block but first i've come to the defense of a friend in need. my mentor, colleague and competitive couples massage partner bill o'reilly. we're going to regionals, bill. stay loose. he is once again being attacked by the liberal media for speaking the truth. you know what this means? this is blood in the water. shark, shark, shark, shark, shark, shark. folks on last thursday's the factor papa bear was discussing obama's home...
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Jan 18, 2013
01/13
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he's also the quarterback of the defense. he's the brains behind how they run the defense for one of the best teams in football and he's going to get duped on an internet scandal. it doesn't make sense. a girl dies. she was in a car accident allegedly she had leukemia and died. he never goes to see the familiar flifr goes to the grave site never goes to the hospital. they never skype. it just doesn't ring true. what rings a little more true is maybe, this would be very unfortunate if it's untrue. maybe he was an individual who isn't attracted to women and this was an opportunity for him to have an excuse he's in the spotlight he's a celebrity. he's expected to be surrounded with women in our society and this was a perfect way for him to push that obligation away and to go forward. unfortunately it all came crashing down a month ago notre dame knew about this a month ago and never told anybody. >> briefly because we want to get to lance. any lawsuits? >> any one including himself if he can prove he's a victim of this hoax and
he's also the quarterback of the defense. he's the brains behind how they run the defense for one of the best teams in football and he's going to get duped on an internet scandal. it doesn't make sense. a girl dies. she was in a car accident allegedly she had leukemia and died. he never goes to see the familiar flifr goes to the grave site never goes to the hospital. they never skype. it just doesn't ring true. what rings a little more true is maybe, this would be very unfortunate if it's...
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Jan 14, 2013
01/13
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if we didn't have the defense as a fe facto reserve currency of the world we would be greece and we have got to fix our economic problem and that's -- it's not going to be fixed without leadership from you. the republicans maintain control of the house. and it's -- we have divided government. he's got to take the lead. he may score some short-term victories over the republicans. in the medium to long term, it's his enchilada. >> president clinton's secretary of the treasury, robert rubin. >> when people look at what president obama should do, there are a number of people who say, well, he's got to get the fiscal house in order, he's got to deal with the deficit. why is that important? >> i think it is imperatively important to design a sound fiscal program that both contributing to job creation and recovery in the short term and i believe a sound fiscal program will do that by creating confidence and fiscal room for a moderate stimulus and meets the long-term imperative for addressing what i believe is an unsustainable and dangerous fiscal trajectory. in order to put ourselves on a sound
if we didn't have the defense as a fe facto reserve currency of the world we would be greece and we have got to fix our economic problem and that's -- it's not going to be fixed without leadership from you. the republicans maintain control of the house. and it's -- we have divided government. he's got to take the lead. he may score some short-term victories over the republicans. in the medium to long term, it's his enchilada. >> president clinton's secretary of the treasury, robert rubin....
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Jan 15, 2013
01/13
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defense secretary leon panetta has called the problem of military suicide an epidemic. afghan president hamid karzai called today for a loya jirga-- or grand assembly-- to decide whether u.s. troops should be immune from afghalaws. the u.s. has said it needs sole legal jurisdiction over any troops who stay, after combat forces leave at the end of 2014. in a kabul speech, karzai said it would take about eight or nine months to come to a decision. it is a decision of the people of afghanistan. the national assembly of elders of the people of afghanistan should decide whether to give the i am unity or not. if they give it, under which conditions they should do so. but the americans told us that if you do not give us the i am unity, we have to leave afghanistan for good. and won't have any relationship with you. >> sreenivasan: karzai said the u.s. has agreed to his demands to respect afghan sovereignty. he discussed the issues with president obama in washington on friday. mass protests were held in islamabad, pakistan, today demanding new election reforms. thousands of sup
defense secretary leon panetta has called the problem of military suicide an epidemic. afghan president hamid karzai called today for a loya jirga-- or grand assembly-- to decide whether u.s. troops should be immune from afghalaws. the u.s. has said it needs sole legal jurisdiction over any troops who stay, after combat forces leave at the end of 2014. in a kabul speech, karzai said it would take about eight or nine months to come to a decision. it is a decision of the people of afghanistan....
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Jan 14, 2013
01/13
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if the question is would you like to cut grandma's medicare, would you like to cut defense, then you get down to what is actually involved. in this situation, you know, the president can obey one law. there's a law that says you will spend some this money. then there's this other law that says you will not spend this money. he can't obey both of them at once. >> curt, the other thing that the president did over and over again was try and put some -- put this negotiation, this battle, if you will, in the context of i think the international stage, which is that america is not a deadbeat nation. i actually thought that was a really effective rhetorical device, if that's what it was, which is to say let's take a look at ours. let's take a look at the ways in which we are shooting ourselves in the feet. it is hurting not just our economy, not just our sort of domestic dynamics, but it is -- what is america about? this is not who we are as a people. >> and using language like we're not a deadbeat nation is a good concrete way i think to frame this. if i'm the republicans, i don't understa
if the question is would you like to cut grandma's medicare, would you like to cut defense, then you get down to what is actually involved. in this situation, you know, the president can obey one law. there's a law that says you will spend some this money. then there's this other law that says you will not spend this money. he can't obey both of them at once. >> curt, the other thing that the president did over and over again was try and put some -- put this negotiation, this battle, if...
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Jan 20, 2013
01/13
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as for our common defense, we reject as false the choice between our safety and our ideals. our founding fathers faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. those ideals still light the world, and we will not give them .p for the expedientce's sake and so to all other peoples and governments who are watching today, from the ground this -- ground this -- grandest countries to the smallest village where my father was born, and know that america is a friend of each nation and every man, woman, and child who seeks a future of peace and dignity, that we are ready to lead once more. [cheers and applause] we call that earlier generations faced down fascism and communities on -- and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. they understood that our power alone cannot protect us, nor does it entitle us to do as he pleased. instead they knew that our power grows through its root in use, our security emanates from the ju
as for our common defense, we reject as false the choice between our safety and our ideals. our founding fathers faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. those ideals still light the world, and we will not give them .p for the expedientce's sake and so to all other peoples and governments who are watching today, from the ground this -- ground this -- grandest countries to the...
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Jan 20, 2013
01/13
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, which is 17% of the budget, so the question is do republicans hate defense cuts less than they would like to see the spending cuts on the domestic side? my -- after that comes march 27th which is when the current continuing resolution on -- that funds the government expires so we're going to have real debates about real splittable differences. >> the other thing, george, that's going to happen and i think this will begin the process is that every day that goes past the inauguration is a loss of power day for the president. and you have -- you basically now have a party, the democratic party will function with him but it's been a cult of personal. fundamentally a cult of personality around the president. they'll have to figure out where they go from here and what's going to happen. the republicans are a cult of no personality and no people and they're going to have to figure out so each day goes forward i think we'll have -- increasing inability for somebody to stand up and say i represent what the republicans are. right now the republicans, the governor is right they're lower than co
, which is 17% of the budget, so the question is do republicans hate defense cuts less than they would like to see the spending cuts on the domestic side? my -- after that comes march 27th which is when the current continuing resolution on -- that funds the government expires so we're going to have real debates about real splittable differences. >> the other thing, george, that's going to happen and i think this will begin the process is that every day that goes past the inauguration is a...
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Jan 18, 2013
01/13
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speaking in london this morning defense secretary leon panetta says the u.s. is "working around the clock to insure the safety of our citizens and he warns terrorists that they will find no sanctuary in algeria or north africa." after the break female troubles plagued the gop in the last election cycle. will lawmakers,er in a new era for women's issues? we'll talk health and politics when star jones joins the panel next on "now." find us? i thought we might be related, so i had a fiber analysis done and sure enough, we're family. but you're not even shredded. you're...crunchy?! that happens sometimes. and you help keep people full with whole grain fiber? just like you guys. [ female announcer ] they're different, but the same. new frosted mini-wheats crunch. a tasty square packed with a crunch... [ crunch! ] ...of whole grain fiber that helps keep you full. it's a big breakfast... [ crunch! ] ...in new a little biscuit. smile! ohhh bring it in! ooohhhooh! (announcer) at scottrade, our! ohhhcexactly how they want.t with scottrade's online banking, i get one vie
speaking in london this morning defense secretary leon panetta says the u.s. is "working around the clock to insure the safety of our citizens and he warns terrorists that they will find no sanctuary in algeria or north africa." after the break female troubles plagued the gop in the last election cycle. will lawmakers,er in a new era for women's issues? we'll talk health and politics when star jones joins the panel next on "now." find us? i thought we might be related, so i...
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Jan 14, 2013
01/13
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the fbi says there's only 200 legally justified self-defense hom sighed a year and 309,000 gun deaths a year. tomorrow the vice president will send his boss recommendations for the white house's gun control package. this is part of what could be the most crucial moment in the obama administration. perhaps the most important legislation they'll ever propose. because gun laws do work. studies have shown firearm deaths are significantly lower in states with stricter gun legislation. this map shows the ten states with the strongest gun laws and the ten with the lowest gun death rates. the correlation the seven states in green is strong. banning assault weapons, requiring trigger locks, and mandating safe storage works. the nra would like you to believe no legislation woot help. no one obvious law could have stopped adam lanza but we can make our world safer. public policy is meant to be aspir rational, to try to make the world better. the white house knows it just as it knows the right has gone far extreme on this, so far into second amendment absolutism, if it's not any weapon anywhere t
the fbi says there's only 200 legally justified self-defense hom sighed a year and 309,000 gun deaths a year. tomorrow the vice president will send his boss recommendations for the white house's gun control package. this is part of what could be the most crucial moment in the obama administration. perhaps the most important legislation they'll ever propose. because gun laws do work. studies have shown firearm deaths are significantly lower in states with stricter gun legislation. this map shows...
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Jan 17, 2013
01/13
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CNBC
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the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready to play folks? the debt ceiling game, calling this the home edition, here are different items in the government, in the federal government budget, what you've got to do is check a box, fund it or don't fund it. now we've rigged this now so we've worked on tv. we're going to fund all these things. and what we're going to do is we're going to make our spending equal the cash flow of 277 billion dollars so we're going to pay the interest, we're going to pay medicare, medicaid, social security, military pay, retirement, veterans benefits and defense vendor payments, federal salaries. okay got it. 275.
the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready...
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Jan 14, 2013
01/13
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and it's interesting that a lot of times you have people who recognize that when it comes to defense spending. some of the same folks who say we got to cut spending or complain that government jobs don't do anything when it comes to that defense contractor in their district, they think, wow, this is a pretty important part of the economy in my district. and we shouldn't stop spending on that. let's just make sure we're not spending on those other folks. [ inaudible ] >> look, my hope is that common sense prevails. that's always my -- my preference. and i think that would be the preference of the american people and that's what would be good for the economy. so let me just repeat. if the issue is deficit reduction, getting our deficits sustainable, over time, getting our debt in a sustainable place, then, democrats and republicans in congress will have a partner with me. we can achieve that, and we can achieve it fairly quickly. i mean we know what the numbers are. we know what needs to be done. we know what a balanced approach would take and we've already done probably more than half
and it's interesting that a lot of times you have people who recognize that when it comes to defense spending. some of the same folks who say we got to cut spending or complain that government jobs don't do anything when it comes to that defense contractor in their district, they think, wow, this is a pretty important part of the economy in my district. and we shouldn't stop spending on that. let's just make sure we're not spending on those other folks. [ inaudible ] >> look, my hope is...
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Jan 14, 2013
01/13
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it means people in the military, defense, they won't get paid. those things dependent on government revenue will come to a halt. there has to be a compromise. we just have to. it's unthinkable we won't compromise. >> hopefully they'll compromise. there are just weeks left. we are waiting. it seems like we're in the same position you and i were in just a couple of weeks ago. we were talking about averting the fiscal cliff. hopefully we won't have to have that same kind of standoff. but it certainly sounds like neither side is budging. we've heard from the republicans, their response as well, and they say, we're sticking to our guns. we're also going to talk to personal financial expert suze orman. she'll weigh in and your personal finances as well. be back in a moment. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. it's lots
it means people in the military, defense, they won't get paid. those things dependent on government revenue will come to a halt. there has to be a compromise. we just have to. it's unthinkable we won't compromise. >> hopefully they'll compromise. there are just weeks left. we are waiting. it seems like we're in the same position you and i were in just a couple of weeks ago. we were talking about averting the fiscal cliff. hopefully we won't have to have that same kind of standoff. but it...
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Jan 15, 2013
01/13
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it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> the top spot at sirius satellite radio in 2004, left the company about a month ago. during his time as ceo, the subscribers jumped to 23 million. and avoided a very close call with bankruptcy in 2009, when john malone's liberty media injected $530 million in return for 40% stake. that stake now just under 50%. one key reason mr. karmazin stepped down. we're joined by mel karmazin, first interview since he retired. but he hasn't really retired. am i going
it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from...
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Jan 18, 2013
01/13
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defense secretary leon panetta is vowing to pursuit hostage takers saying the terrorist should be on notice that they will find no sanctuary, not in algeria, not in north africa, not anywhere. back to you. >> jackie, thank you very much. any time there is an attack like this, it grabs the attention of new york energy traders. sharon, what are they saying? >> it certainly has. even though this occurred in the gas facility, it is the oil markets that are most concerned here about the heightened geo-political risk any time an attack happens on an energy facility. of course algeria is an opec member and produces just under 2 million barrels per day of crude oil. this pales to a country like saudi arabia but heightens the risk premium that is of course in that part of the world, in north africa and middle east. also you add to that what happened yesterday. nuclear inspectors and officials, talks between them breaking down, failing to come to an agreement, diplomatic effort in terms of iran's nuclear capabilities. that is heightening the geo risk in this marketplace. you have prices above
defense secretary leon panetta is vowing to pursuit hostage takers saying the terrorist should be on notice that they will find no sanctuary, not in algeria, not in north africa, not anywhere. back to you. >> jackie, thank you very much. any time there is an attack like this, it grabs the attention of new york energy traders. sharon, what are they saying? >> it certainly has. even though this occurred in the gas facility, it is the oil markets that are most concerned here about the...
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Jan 15, 2013
01/13
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they tell me you need to fund our defense department, at such and such a level. you need to send out social security checks. you need to make sure that you are paying to care for our veterans. they lay all of this out for me. and because they have the spending power. and so i am required by law to go ahead and pay these bills. separately, they also have to authorize the raising of the debt ceiling in order to make sure that those bills are paid. and so what congress can't do is tell me to spend x, and then say but we're not going to give you the authority to go ahead and pay the bills. >> the economist made a laundry list of what would happen if congressional republicans refused to raise the debt limit. failure to raise the debt ceiling would force immediate spending cuts equal for 6% of gdp. not only would that threaten to send the economy back into recession, it would also deprive many of money needed to meet their own obligations, setting off a chain reaction of defaults that could incite investors to dump their holdings, driving up interest rates. joining me
they tell me you need to fund our defense department, at such and such a level. you need to send out social security checks. you need to make sure that you are paying to care for our veterans. they lay all of this out for me. and because they have the spending power. and so i am required by law to go ahead and pay these bills. separately, they also have to authorize the raising of the debt ceiling in order to make sure that those bills are paid. and so what congress can't do is tell me to spend...
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Jan 15, 2013
01/13
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looks like juan is almost alone now in the defense of this dopey newspaper. what do you think is going on with williams? >> there's a long answer but we will cut to the chase. these are first semester journalistic efforts. so basic even the new york times has this. this is me agreeing with the new york times. it is different often between things that are public and whether they are news worthy whether you should be pairing those things in the newspaper. these are something journalists tackle all of the time. there are a lot of things that are public. they are probably juicy and fun to read but are you doing a public service by printing them? people on food stamps most people would argue that wouldn't be a good idea to print those with data and addresses and names after then. at least one of these homes have been burglarized that was on the list. i would argue it was not a safe thing to do or best thing to do. didn't serve a news person. >>> what do you think now that your liberal pals abandoned you and you are all by yourself in defending this newspaper. >> w
looks like juan is almost alone now in the defense of this dopey newspaper. what do you think is going on with williams? >> there's a long answer but we will cut to the chase. these are first semester journalistic efforts. so basic even the new york times has this. this is me agreeing with the new york times. it is different often between things that are public and whether they are news worthy whether you should be pairing those things in the newspaper. these are something journalists...